Just as I was getting my monthly budget together, the quarter was up and I was given the opportunity to invest in the company sponsored 401K plan…fully vested immediately. The company matches up to 5% of my salary.
It has been a LONG TIME since I had a company matched 401K opportunity. So effective this week, I am investing 20% of my corporate job’s income in the 401K. I can change it at any time, but I have some catching up to do.
What do you think? I’ve picked a pretty mixed portfolio but lean toward more aggressive options. I’m so excited.
Any tips or trips would be greatly appreciate for this as really it’s been years and I was in a VERY different place back then.
I have an idea of how this will affect my take home pay, but won’t know for sure until the end of this week when I get my first check with the deduction taken out. Then I will post my new monthly budget.
The sorrow and joys of this roller-coaster overwhelm her at times, but she is committed to this course.
Hope plans to dig out of debt using any resource possible including her small business EPOH, her blog and any other resource that comes to mind!